ArcelorMittal South Africa (STU:ISC1) Days Payable : 0.00 (As of Dec. 2023)

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What is ArcelorMittal South Africa Days Payable?

ArcelorMittal South Africa's average Accounts Payable for the six months ended in Dec. 2023 was €543 Mil. ArcelorMittal South Africa's Cost of Goods Sold for the six months ended in Dec. 2023 was €0 Mil.

The historical rank and industry rank for ArcelorMittal South Africa's Days Payable or its related term are showing as below:

STU:ISC1' s Days Payable Range Over the Past 10 Years
Min: 105.11 Med: 158.94 Max: 231.47
Current: 136.66

During the past 13 years, ArcelorMittal South Africa's highest Days Payable was 231.47. The lowest was 105.11. And the median was 158.94.

STU:ISC1's Days Payable is ranked better than
90.48% of 588 companies
in the Steel industry
Industry Median: 39.7 vs STU:ISC1: 136.66

ArcelorMittal South Africa's Days Payable declined from Dec. 2022 (158.22) to Dec. 2023 (0.00). It may suggest that ArcelorMittal South Africa accelerated paying its suppliers.

ArcelorMittal South Africa Days Payable Historical Data

The historical data trend for ArcelorMittal South Africa's Days Payable can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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ArcelorMittal South Africa Days Payable Chart

ArcelorMittal South Africa Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Days Payable

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157.01

247.50

201.44

150.80

143.07

ArcelorMittal South Africa Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Days Payable	Get a 7-Day Free Trial															237.36	145.63	158.22	-	-

Competitive Comparison of ArcelorMittal South Africa's Days Payable

For the Steel subindustry, ArcelorMittal South Africa's Days Payable, along with its competitors' market caps and Days Payable data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.

ArcelorMittal South Africa's Days Payable Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, ArcelorMittal South Africa's Days Payable distribution charts can be found below:

* The bar in red indicates where ArcelorMittal South Africa's Days Payable falls into.

ArcelorMittal South Africa Days Payable Calculation

Days Payable indicates the number of days that the account payable relative to cost of goods sold the company has. An increase of Days Payable may suggest that the company delays paying its suppliers.

ArcelorMittal South Africa's Days Payable for the fiscal year that ended in Dec. 2023 is calculated as

	Days Payable (A: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (A: Dec. 2022 )	+	Accounts Payable (A: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (A: Dec. 2023 )	*	Days in Period
=	( (447.089	+	542.341)	/	2 )	/	1262.1	*	365
=	494.715					/	1262.1	*	365
=	143.07

ArcelorMittal South Africa's Days Payable for the quarter that ended in Dec. 2023 is calculated as:

	Days Payable (Q: Dec. 2023 )
=	Average Accounts Payable					/	Cost of Goods Sold	*	Days in Period
=	( (Accounts Payable (Q: Jun. 2023 )	+	Accounts Payable (Q: Dec. 2023 ))	/	count )	/	Cost of Goods Sold (Q: Dec. 2023 )	*	Days in Period
=	( (543.564	+	542.341)	/	2 )	/	0	*	365 / 2
=	542.9525					/	0	*	365 / 2
=	N/A

ArcelorMittal South Africa Days Payable Related Terms

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ArcelorMittal South Africa (STU:ISC1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » ArcelorMittal South Africa Ltd (STU:ISC1) » Definitions » Days Payable

Comparable Companies

Traded in Other Exchanges

ACL:South Africa ARCXF:USA ISC1:Germany

Address

Delfos Boulevard, Main Building, Vanderbijlpark Works, Vanderbijlpark, GT, ZAF, 1911

Website

https://www.arcelormittalsa.com

ArcelorMittal South Africa Ltd is a South Africa-based steel-producing company. The company's operating segments include Steel operations; Non-steel operations; Corporate and others. It generates the majority of total revenue from the Steel segment. The product range consists of hot-rolled coil, plate, coiled rounds, flats, reinforced bars, rounds, billets and channels, and commercial coke among others. The group operates mainly in South Africa. Export sales are mostly sold in sub-Saharan Africa, Asia, Europe, and America.

ArcelorMittal South Africa (STU:ISC1) Headlines

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